Beijing Haohan Data Technology Co (SHSE:688292) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Beijing Haohan Data Technology Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Beijing Haohan Data Technology Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Beijing Haohan Data Technology Co's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that Beijing Haohan Data Technology Co is progressively becoming less dependent on debt to grow their business.

Beijing Haohan Data Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Haohan Data Technology Co's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Beijing Haohan Data Technology Co LT-Debt-to-Total-Asset Chart

Beijing Haohan Data Technology Co Annual Data

Trend

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

Beijing Haohan Data Technology Co Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.01

Beijing Haohan Data Technology Co LT-Debt-to-Total-Asset Calculation

Beijing Haohan Data Technology Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	23.018	/	1299.009
	=	0.02

Beijing Haohan Data Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	19.636	/	1380.532
	=	0.01

Beijing Haohan Data Technology Co (SHSE:688292) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Beijing Haohan Data Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Haohan Data Technology Co Ltd (SHSE:688292) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 45, Beiwa Road, Room 102, Building 14, Haidian District, Beijing, CHN, 100142

Website

https://www.haohandata.com

Beijing Haohan Data Technology Co Ltd is engaged in the design and implementation of network intelligence and information security protection solutions, software and hardware design and development, product sales and technical services.

Executives

Liu Shao Kai	Core technical personnel
Cheng Wei	Core technical personnel
Yu Hua	Core technical personnel

Beijing Haohan Data Technology Co Headlines

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